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Magic Software Reports Second Quarter 2022 Financial Results with Record Second Quarter Revenues of $137 Million, Reflecting a 15% Year Over Year Growth

11.08.2022 - Operating income for the second quarter increased by 16% year over year to a record second quarter result of $14.7 million; Non-GAAP operating income for the second quarter increased by 10% year over year to a record second quarter result of $17.6 ...
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Short Interest in Magic Software Enterprises Ltd. (NASDAQ:MGIC) Decreases By 39.5%

Magic Software Enterprises Ltd. (NASDAQ:MGIC – Get Rating) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 9,500 shares, a decrease of 39.5% from the April 30th total of 15,700 shares. Currently, 0.0% of the company’s shares are sold short. […]
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Magic Software Enterprises (NASDAQ:MGIC) Upgraded by StockNews.com to Strong-Buy

Magic Software Enterprises (NASDAQ:MGIC – Get Rating) was upgraded by StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued on Thursday. Separately, Zacks Investment Research upgraded shares of Magic Software Enterprises from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a […]
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Research Analysts' Upgrades for May 26th (BAH, BLRX, CSWC, CTO, CX, DH, DRI, DSP, FATH, FCPT)

Research Analysts’ upgrades for Thursday, May 26th: Booz Allen Hamilton (NYSE:BAH) was upgraded by analysts at StockNews.com from a hold rating to a buy rating. BioLineRx (NASDAQ:BLRX) was upgraded by analysts at StockNews.com from a sell rating to a hold rating. Capital Southwest (NASDAQ:CSWC) was upgraded by analysts at Zacks Investment Research from a hold […]
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Magic Software Enterprises (MGIC) – Investment Analysts' Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Magic Software Enterprises (NASDAQ: MGIC): 5/19/2022 – Magic Software Enterprises was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $19.00 price target on the stock. According to Zacks, “Magic Software Enterprises, a member […]
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Magic Software Enterprises Ltd. (NASDAQ:MGIC) Sees Significant Increase in Short Interest

Magic Software Enterprises Ltd. (NASDAQ:MGIC – Get Rating) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totalling 15,700 shares, a growth of 23.6% from the April 15th total of 12,700 shares. Based on an average daily trading volume, of 21,400 […]
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